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Role of Corporations in Society

4557 C&S Mike P. Moffatt

October 19, 2013

Course Overview

October 19, 2013

The Big Picture

Corporations are subject to multiple external pressures beyond their competitive, industry settings. There is a tension between profit orientation and public interest

October 19, 2013

The Big Picture

These pressures can profoundly affect business operations, strategy and performance. As a manager, you need to know how to assess and manage external environment of business.
October 19, 2013

Course Objects and Module Structure

Module 1 (Common Module, First 10 sessions) Rationally evaluate the tensions that arise between corporate, social and environmental interests.

October 19, 2013

Course Objects and Module Structure

Module 2 (Non-Common Module, Next 10 sessions) Develop an understanding, from a global perspective, of the nine types of political risk and assess their impact on business operations

October 19, 2013

Module 1 Content
Business and the Natural Environment Environmental externalities and market failure Tragedy of the commons and natural capital Government regulation/Market mechanisms

October 19, 2013

Module 1 Content
Corporations and Society Globalization and out-sourcing/off-shoring Competition policy and M&As Public health and intellectual property rights Recession and the financial sector crisis

October 19, 2013

Module 1 Scheduling Issue

Tuesday Oct 15th: Marco Petta, Managing Direction, Royal Bank of Canada Time: 12:45pm to 2:10pm
(Instead of usual class time)

Location: Main Auditorium

October 19, 2013

Module 2 Content: 9 Types of Political Risk

Geopolitical
Global Energy

Breaches of Contract
Capital Market Risk

Terrorism Expropriations

Discrimination

Internal Political Strife Unknowns/Uncertainty

October 19, 2013

C&S Evaluation Components

Midterm exam (33.3%)

1-2 Person Written Assignment (33.3%)

Classroom Contribution (33.3%)

October 19, 2013

Mid-Term Exam
October 23rd, 2013 (Wednesday)

Closed-book, case-based exam

Testing on knowledge from Module 1

October 19, 2013

Written Assignment
Groups of 1 or 2

Due December 12th, 2013 (Thursday)

Topic: Non-market issue facing a company or organization.

October 19, 2013

Contribution in Detail
Somewhat different here due to the nature of some of the classes. Mix of cases, discussions, & activities Ask clarifying questions with the terminology if it is not clear
Develop a glossary

Seek out assistance before you fall too far behind.

Email, call or find me in my office!
October 19, 2013

Contribution in Detail
Low contribution 45 student who attended every class, was never disruptive and never speaks 55 student who attended every class, was never disruptive and only responded to cold calls and showed preparation 70 student who has perfect attendance, participates enough, but only at a basic level
October 19, 2013

Peer Evaluation Grading Sheet

Point Value 3 Category (Frequency) Outstanding Rare (0-10%) Significant Frequent (10-30%) Components of in-class contribution The comment adds substantial value to the discussion. Demonstrates willingness to take risks in attempting to answer difficult or unpopular questions. Breaks new ground and raises the flow of discussion to a higher level, often by synthesizing material and applying multiple lenses or techniques. The comment adds value to the discussion, beyond case facts. There is evidence of analysis rather than just the expression of opinion (although some espousal of opinion is acceptable, even desirable in certain circumstances). Comments are linked to those of others, facilitating the flow of the discussion. Demonstrates knowledge of readings and other relevant course material. Incorporate relevant insights from other courses or current affairs. The comment advances the flow of the discussion (including responses to questions from the instructor). Demonstrates clear grasp of case material. Information presented is relevant to the discussion. Lack of preparation for class discussion; failure to listen. Criticisms are directed at others versus towards their ideas. Defensive behavior (e.g., aggression or withdrawal) is exhibited. Drains energy from class goals.

Good Common (50-70%) Unsatisfactory Rare (0-10%)

-1

October 19, 2013

Absences
As per HBA program requirements, it is required that all absences must be reported to the HBA office via HBA2away@ivey.ca as well as to me.

(Easiest to just include both of us on the same e-mail)

October 19, 2013

Classroom Contribution
Guidelines 45/100: no absences, no contribution 55/100: no absences, cold calls only 70/100: no absences, basic contribution (mostly 1s)

Absences Excused (0) Unexcused (-1)

October 19, 2013

Classroom Contribution
5+ absences = Inability to submit final assignment Submissions in lieu of absence not permitted Contribution scored each class We are focusing on QUALITY, not QUANTITY. We are focusing on CONTRIBUTION, not PARTICIPATION.
October 19, 2013

My Expectations of You
Attendance is mandatory Class contribution is essential Preparedness Give me feedback Respect each other Engaging atmosphere Be succinct Have fun!!!!!
October 19, 2013

Your Expectations of Me
Evaluation Balance contribution Grading consistency and transparency Ongoing feedback on contribution Out of class contribution not acceptable Harsh on cheaters Clear on expectations
October 19, 2013

Your Expectations of Me
Classroom Management Discipline classroom behaviour (contribution versus participation) Constructive feedback live in class Hold students accountable Push you on points youre making Clearer on what is right versus wrong Foster interaction
October 19, 2013

Your Expectations of Me
Outside Classroom Be available Tactics to improve contribution

October 19, 2013

Your Expectations of Me
Class Content/Delivery Summary objectives Are we missing the point? Post slides on eZone Allow for rebuttals Diversity of delivery modes Grab our attention Debates and controversial topics Easy on the readings Less on case facts
October 19, 2013

About Me
Trained as an Economist: PhD (Ivey), MA (Rochester), BA (UWO) Writer for Rogers Media, Inc. Formerly at the Globe and Mails Economy Lab. Also written for National Post, Ottawa Citizen, etc. Frequent media commentator: Lang & OLeary (CBC), EconoMix (CTV), The Agenda (TVO) Co-owner, founder, consultant: Nexreg Compliance Inc.
October 19, 2013